Proceedings

PDF Version

PDF Version



IN THE MATTER OF THE SECURITIES ACT,
R.S.O. 1990, c. S.5 AS AMENDED

- and -

IN THE MATTER OF
STEVEN VINCENT WEERES and
REBEKAH DONSZELMANN

NOTICE OF HEARING
(Subsections 127(1) and 127(10))



TAKE NOTICE THAT the Ontario Securities Commission (the “Commission”) will hold a hearing pursuant to subsections 127(1) and 127(10) of the Securities Act, R.S.O. 1990, c. S.5, as amended (the “Act”), at the temporary offices of the Commission, 333 Bay Street, Suite 900, Toronto, Ontario, commencing on February 19, 2013 at 11:00 a.m.;

TO CONSIDER whether, pursuant to paragraph 4 of subsection 127(10), it is in the public interest for the Commission:

  1. to make an order against Steven Vincent Weeres (“Weeres”) that:
    1. pursuant to paragraph 2 of subsection 127(1) of the Act, trading in any securities by him cease permanently;
    2. pursuant to paragraph 3 of subsection 127(1) of the Act, any exemptions contained in Ontario securities law do not apply to him permanently;
    3. pursuant to paragraph 7 of subsection 127(1) of the Act, he resign any positions that he holds as director or officer of an issuer; and
    4. pursuant to paragraph 8 of subsection 127(1) of the Act, he be prohibited permanently from becoming or acting as an officer or director of an issuer;
  2. to make an order against Rebekah Donszelmann (“Donszelmann”) that:
    1. pursuant to paragraph 2 of subsection 127(1) of the Act, trading in any securities by her cease until March 15, 2032;
    2. pursuant to paragraph 3 of subsection 127(1) of the Act, any exemptions contained in Ontario securities law do not apply to her until March 15, 2032;
    3. pursuant to paragraph 7 of subsection 127(1) of the Act, she resign any positions that she holds as director or officer of an issuer; and
    4. pursuant to paragraph 8 of subsection 127(1) of the Act, she be prohibited from becoming or acting as an officer or director of an issuer until March 15, 2032;
  3. to make such other order or orders as the Commission considers appropriate;

BY REASON of the allegations set out in the Statement of Allegations of Staff of the Commission dated January 31, 2013 and by reason of an order of the New Brunswick Securities Commission dated March 15, 2012, and such additional allegations as counsel may advise and the Commission may permit;

AND TAKE FURTHER NOTICE that at the hearing on February 19, 2013, Staff will bring an application to proceed with the matter by written hearing, in accordance with Rule 11 of the Ontario Securities Commission Rules of Procedure (2012), 35 OSCB 10071, and section 5.1 of the Statutory Powers Procedure Act, R.S.O. 1990, c. S.22, as amended, and any party to the proceeding may make submissions in respect of the application to proceed by written hearing;

AND TAKE FURTHER NOTICE that any party to the proceeding may be represented by counsel if that party attends or submits evidence at the hearing;

AND TAKE FURTHER NOTICE that upon failure of any party to attend at the time and place, the hearing may proceed in the absence of the party and such party is not entitled to any further notice of the proceeding.

DATED at Toronto this 6th day of February, 2013.

 


John Stevenson
                    Secretary to the Commission